Not if you’re launching a startup based in the real world. Tell me how AI will make a laundromat business DoA?
If your business is selling services at 40% margin that are entirely digitally based, then maybe you’ll need to cut some margin, sure.
A laundromat isn't a startup in that sense. There's no potential for exponential growth. A VC would never give you money to open a laundromat, you'd go to a bank and get a business loan for that.
A laundromat isn't a startup in that sense. There's no potential for exponential growth. A VC would never give you money to open a laundromat, you'd go to a bank and get a business loan for that.